Both single and multiemployer programs are in the green for years into the future.
Digital transformation and urbanization are driving growth, as well as supply chain reshuffling.
Nearly half of the commitments were made to three private equity funds.
The pension giant’s public equity portfolio returned 16.7% for the year, but the overall portfolio fell short of its 7% target.
Morningstar says multi-family’s finances are even more precarious.
The pension fund accuses Aon of breach of contract, breach of fiduciary duty and negligence.